Niceville Housing Development Corporation is located in Niceville, FL. The organization was established in 2017. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Niceville Housing Development Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, Niceville Housing Development Corporation generated $25.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (61.5%) each year. All expenses for the organization totaled $586.0 during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
NO PROGRAM SERVICE ACCOMPLISHMENTS TO DATE AS ENTITY HAS YETTO BEGIN PERFORMING ITS FUNCTION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Freddie Allen Chairman | 0.25 | $0 | |
Kathy Dunn Vice-Chairperson | 0.25 | $0 | |
Dennis Branton Board Director | 0.25 | $0 | |
Freida Spense Board Director | 0.25 | $0 | |
Stan Griner Board Director | 0.25 | $0 | |
Becky Cole Executive Director-Secretary/treasurer | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $22,249 |
Total Program Service Revenue | $1,312 |
Membership dues | $0 |
Investment income | $1,642 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $25,203 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $586 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $0 |
Total expenses | $586 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $245,943 |
Other assets | $0 |
Total assets | $245,943 |
Total liabilities | $0 |
Net assets or fund balances | $245,943 |